M/W

New House bill includes 45G extension

The House Ways & Means Committee on June 19 introduced H.R. 3301,the Taxpayer Certainty and Disaster Tax Relief Act of 2019. The 45G railroad infrastructure maintenance tax credit is covered in Section 112, which extends 45G to Jan. 1, 2021 and retroactively to Jan. 1, 2018. (45G expired on Dec. 31, 2017.) The bill is expected to be marked up in committee on June 20.

Preventive to Prescriptive to Predictive

Railway Age, June 2019 Issue, The Evolution in Track Geometry Technology: As railroaders know, establishing and maintaining proper track geometry requires frequent attention to maintain safe and fluid operation. Despite best efforts, derailments will occasionally occur due to geometry exceptions, prompting track engineers to look for more effective methods of correcting issues before they become problems.